Abstract

The region’s oil fields are located within the South Caspian oil and gas basin, on the territory of the Absheron Peninsula and the adjacent waters of the Caspian Sea. Here are more than 80 oil and gas fields. To this end, this article presents the geological structure of the South Caspian Depression, as well as the Absheron-Balkhan zone. The analysis of oil and gas content and modern seismicity of the Caspian Sea is carried out. Increasing recoverable oil reserves, reducing water cut, increasing or even stabilizing production at this stage is the number one task for the oil industry. It has been established that in recent years, the level of seismic activity of individual sections of the Caspian water area has increased, and the amount of seismic energy released in the Central Caspian has increased by several dozen times, it can be assumed that the change in oil production in many offshore fields in the northern part of the Absheron-Balkhan fold system is associated with strong (ml>3.0) earthquakes characterized by fault-shear type of movements. Keywords: Caspian sea; oil and gas deposits; earthquake source mechanisms.

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